Ele Advanced Technologies Limited
Registered name: ELE ADVANCED TECHNOLOGIES LIMITED
Part of Lloyds Banking Group PLC groupEle Advanced Technologies Limited made £17.4m revenue and a £1.4m loss in the year to 30 Apr 2025.
Ele Advanced Technologies Limited’s revenue grew 13% to £17.4m in the year to 30 Apr 2025, with a loss of £1.4m and 162 employees. The company is classified under “manufacture of engines and turbines, except aircraft, vehicle and cycle engines” and is based in Nelson; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Nelson, North West
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is Ensco 1337 Limited, into which the results of the entity are consolidated. Ensco 1337 Limited forms the smallest and largest group into which the results of the Company”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £25m | £18.4m | £15.4m | £17.4m |
| Cost of sales | £17.2m | £13.7m | £13.7m | £14.3m |
| Gross profit | £7.8m | £4.7m | £1.8m | £3.1m |
| Operating profit | £2.9m | −£855k | −£961k | −£1.4m |
| Profit before tax | £2.8m | −£1.1m | −£1.3m | −£1.7m |
| Profit after tax | £2.1m | −£458k | −£1.1m | −£1.4m |
| Profit (best available) | £2.1m | −£458k | −£1.1m | −£1.4m |
| Staff costs | £6.9m | £6.5m | £6.7m | £6.8m |
| Employees (average) | 170 | 164 | 163 | 162 |
| Ratios | ||||
| Profit margin | 8.4% | −2.5% | −6.8% | −7.9% |
| Gross margin | 31.2% | 25.6% | 11.5% | 17.7% |
| Revenue per employee | £147k | £112k | £94.6k | £107k |
| Profit per employee | £12.4k | −£2.8k | −£6.4k | −£8.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼26.5% | ▼16% | ▲12.8% |
| Profit growth | — | ▼121.8% | — | — |
| Headcount growth | — | ▼3.5% | ▼0.6% | ▼0.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | £716k | £1.4m | £190k |
| Net assets | £11.1m | £10.6m | £9.6m | £8.2m |
| Fixed assets | £9.5m | £10.6m | £9.4m | £9.2m |
| Current assets | £13.9m | £11.5m | £11.6m | £14.8m |
| Debtors | £4.6m | £3.4m | £2.1m | £4.3m |
| Deferred income | £2.3m | £589k | £2.2m | £5.2m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −7.9%
- Profit ÷ revenue.
- Gross margin
- 17.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £107k
- Revenue ÷ average employees.
- Profit per employee
- −£8.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 52.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 29.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.7%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼14%
- Now £8.2m
- Cash at bank
- ▼86%
- Now £190k
- Headcount
- ▼1%
- Now 162
- Deferred income
- ▲134%
- Now £5.2m
- Fixed assets
- ▼2%
- Now £9.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Lloyds Banking Group PLCultimate parent75–100%
- LBG Equity Investments Limited75–100%
- Lloyds Development Capital (Holdings) Limited75–100%
- LDC (General Partner) Limited75–100%
- LDC GP LLP50–75%
- Ensco 1337 Limited75–100%
- Ele Advanced Technologies Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Tsi Turbo Service International LimitedSouthampton · Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
- Revenue
- £19.7m
- Profit
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- Staff
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- John Hyde Engineering LimitedStoke on Trent · Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
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- Gilbert Gilkes & Gordon LimitedCumbria · Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
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- Allam Power LimitedHull · Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£1.4m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.